Kraken Institutional, the U.S.-based provider of crypto solutions for institutional investors, has launched its qualified custody solution, offered through Kraken Financial, its state-chartered bank. Headquartered in Wyoming, U.S., Kraken Financial is authorised to offer digital asset custody and deposit accounts for institutions. Kraken Financial is a segregated entity, where funds and assets are held remotely…
Category: Product
Komainu supports USYC
Komainu, a UK-regulated digital asset custody service provider that is partly backed by Nomura, will provide custody support for USYC, created by Hashnote, the on-chain first digital asset manager, built with the support of Cumberland and DRW. The partnership will enable Hashnote’s USYC to be held in custody by Komainu. USYC is designed to generate…
Tungsten gets ADGM approval
Tungsten, the UAE-based custody provider, has secured a licence from the Financial Services Regulatory Authority (FSRA) to operate from the Abu Dhabi Global Market (ADGM). Tungsten provides secure, regulated digital assets custody for institutional investors.
Crypto Finance secures four licences in Germany
Crypto Finance AG, part of Deutsche Börse Group, has secured four licences from the German Federal Financial Supervisory Authority, BaFin. The licences for its subsidiary, Crypto Finance (Deutschland) GmbH, include regulated digital asset trading, settlement, and custody services in Germany.
Gemini launches in France
Gemini has been registered as a Digital Asset Service Provider (DASP) by l’Autorité des Marchés Financiers (AMF), the French financial markets regulator. Gemini products will be available to retail and institutional users across France as it completes final preparations to open up access to the Gemini platform. Customers will be able to trade over 70…
CLST and Copper partner for tri-party collateral management
CLST, an institutional lending and borrowing platform, has partnered with Copper, the UK-based institutional digital asset infrastructure provider, to develop Copper Pledge, a tri-party collateral management solution for digital asset markets. This partnership provides digital asset lenders with tools for optimising and de-risking their portfolios. Loans originated on CLST markets will be connected via APIs…
Taurus opens in Frankfurt
Taurus SA, the Switzerland-based digital asset infrastructure provider, has opened an office in Frankfurt, Germany. Leading the new office is Andreas Beller. Beller brings extensive experience in the financial sector gained at Commerzbank and Deutsche Bank. Taurus recently announced a partnership with Deutsche Bank, allowing the bank to extend digital asset custody services to its…
Zodia launches network solution
Zodia Custody, the digital assets custodian, has launched Interchange Connect, which it claims will make it the most connected custodian for institutional digital asset custody. Interchange Connect is a network of networks across the spectrum of institutional-focused digital asset custody services. Additionally, Zodia has established a collaboration with Copper’s Clearloop Network to provide greater optionality…
Zodia integrates with Metaco
Zodia Custody, the UK-based digital asset custodian, has integrated with Metaco, the Ripple-owned provider of digital asset infrastructure technology, to create a global network for institutions. The integration enables institutions to access Zodia Custody’s bank-grade custody solutions through Metaco. The expanded collaboration between the two companies follows a longstanding strategic relationship and is designed to…
Tetra upgrades Custody API
Tetra, a Canada-based provider of digital asset custody solutions, has upgraded its Custody API with the addition of ETH staking via API. Features include: ETH Staking Initiation via API: Tetra clients can now stake their ETH assets under custody programmatically, making it easier to participate in staking and earn rewards while keeping their assets secure.…